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Coffee Is About to Get More Expensive Everywhere

Starbucks said today that consumers at more than 7,100 stores in the U.S. should expect prices on some drinks to jump by 5 to 20 cents each. According to Reuters, grande and venti coffees will be 15 to 20 cents more expensive at most locations. The cost of a grande coffee hasn’t risen in nearly four years.

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Starbucks will also increase the prices of bags of whole and ground coffee beans sold at other locations by about $1 per bag.

The company made its announcement soon after Dunkin’ Brands CEO Nigel Travis said that “coffee prices will go up a little bit in our stores, but not by much.” J.M. Smucker, which owns Folgers and Dunkin’ Donuts supermarket brands, said that it also plans on raising coffee prices by about 9 percent.

About Michael Snyder

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years. Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The Most Important News. Michael and his wife Meranda believe that a great shaking is coming, but that there will also be a great awakening in the midst of that shaking. For much more on what Michael believes, and to learn how you can become a Christian, please visit "The Most Important Thing" which is the most important page on this entire website. In addition, please visit Michael's Bookstore to see what Michael is personally recommending to his readers.

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